Oil

H E Mohammed bin Hamad al Rumhi, Minister of Oil and Gas, signed the agreement on behalf of the Omani government along with Salah Khayat, chief executive officer of Petroleb. Headquartered in Beirut,…
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Shatti Al-Qurum Beach, Mina Fahal Port and Mina Fahal Island will be closed due to the National Oil Spill Exercise conducted by the Ministry of Environment and Climate Affairs starting tomorrow…
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The Ministry of Oil and Gas announced the revised fuel prices effective July 1. The super grade petrol will cost 180 baisas per litre, 170 baisas for regular grade petrol and 188 baisas for diesel…
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The mismatch between workers’ skills and employers’ needs, and the reluctance in accepting new salary structures are big challenges in redeployment of oil sector workers who are being released due…
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Crude oil prices are expected to start recovering marginally towards the end of the year, said a top-level official of the US-based Occidental Petroleum Corporation. “My hope is that oil prices will…
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